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ABS -  Anti-Lock Brakes: A safety system that allows the wheels on a motor vehicle to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding.
Air Filter -  This one is exactly what it sounds like: an actual filter that removes dust and dirt particles from the air stream being ingested by the engine.
Annual Percentage Rate -  The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a loan. This includes any fees or additional costs associated with the transaction.
Anti-Lock Brakes -  A safety system that allows the wheels on a motor vehicle to maintain tractive contact with the road surface according to driver inputs while braking, preventing the wheels from locking up (ceasing rotation) and avoiding uncontrolled skidding.
Anti-Lock Braking System -  When the wheels lock up, the ABS keep the wheels rolling so they can find traction.
Antifreeze -  A liquid solution which, when mixed with water, raises the boiling point and lowers the freezing point of water. It is poured into the radiator.
APR -  Annual Percentage Rate: The interest rate on a loan.
ATC -  Automatic Temperature Control
ATF -  Automatic Transmission Fluid
AUX -  Auxiliary audio jack
AWD -  All Wheel Drive, gives a vehicle power to all four wheels at the same time consistently.